CalSTRS has conducted an assessment of AB 340, the California
Public Employees’ Pension Reform Act of 2013, and its impact on
CalSTRS members and operations and outlined key changes.
With the recent passage of landmark Dodd-Frank legislation,
shareholders like CalSTRS finally have the opportunity to vote on
corporate compensation packages.
As an institutional investor, CalSTRS is committed to the
proposition that better corporate governance leads to greater
long-term value and increased returns. Numerous studies
acknowledge that diverse boards initiate strategic changes more
effectively, increase the exchange of ideas and lead to better
performance.
In this video, Vice Chair of the Teachers’ Retirement Board,
Harry Keiley, explains the role CalSTRS played in the naming of
Facebook COO, Sheryl Sandberg to its board of directors and why
the advancement of board diversity creates better long-term
shareholder value.
As an institutional investor, CalSTRS advances the practice of
long-term value creation. CalSTRS is committed to the proposition
that better corporate governance leads to greater long-term value
and increased returns.
In response to media reports of a company that has failed to
uphold the highest ethical standards, Harry Keiley, Vice Chair of
the Teachers’ Retirement Board, explains why good corporate
governance is significant to ensuring retirement security.
CalSTRS advances the practice of long-term value creation. We
recognize the need to protect and grow the assets California’s
educators have entrusted to us. However without fundamental
changes in market practices, billions of dollars, millions of
people and the health of our planet are at risk.
In this video, Vice Chair of the Teachers’ Retirement Board,
Harry Keiley, explains why bolder environmental, social and
corporate governance efforts are necessary to sustain the
environment and increase returns.
Your retirement benefit is based on a formula (Service Credit x
Age Factor x Final Compensation = Member-Only Benefit). How
confident are you in your understanding of how this formula
determines your Member-Only Benefit amount?
